Nigeria Meets OPEC Quota For 3rd Straight Month

Nigeria met its Organisation of the Petroleum Exporting Countries (OPEC) quota of 1.5 million barrels per day (mbpd) for a third month in July 2026, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said.
The NUPRC, in its Crude Oil and Condensate Production February to July 2026 report showed that in the month of July 2026, Nigeria produced 1.505mbpd of crude oil and 0.17mbpd of condensate, bringing the combined daily production to 1.67mbpd.
In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd while the lowest daily production was 1.57mbpd.
The report however showed that although Nigeria met its OPEC quota in the month of Jul...